Babeda: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Babeda
Largest movements
- Cash +€99,966
up €99,966 (+68.8%), from €145,340 to €245,306
mainly Net result for the year (+€87,400) and Receivables within one year (+€17,459)
- Receivables within one year -€17,459
down €17,459 (-75.4%), from €23,167 to €5,708
of which Trade receivables: -€18,523
- Tangible fixed assets -€8,550
down €8,550 (-22.9%), from €37,319 to €28,769
of which Furniture and vehicles: -€7,954
- Reserves +€77,400
up €77,400 (+44.6%), from €173,556 to €250,956
- Tax, wage and social debts -€15,941
down €15,941 (-52.6%), from €30,281 to €14,340
- Other debts +€10,000
new in 2025: €10,000
- Trade debts +€5,129
up €5,129 (+314.4%), from €1,631 to €6,761
- Gross operating margin -€57,257
down €57,257 (-31.8%), from €180,008 to €122,751
- Taxes -€13,933
down €13,933 (-37.1%), from €37,581 to €23,647
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,469 | €284,057 | +€76,588 | +36.9% |
| Fixed assets | 21/28 | €37,319 | €31,319 | -€6,000 | -16.1% |
| Tangible fixed assets | 22/27 | €37,319 | €28,769 | -€8,550 | -22.9% |
| Furniture and vehicles | 24 | €34,386 | €26,432 | -€7,954 | -23.1% |
| Other tangible fixed assets | 26 | €2,933 | €2,337 | -€596 | -20.3% |
| Financial fixed assets | 28 | - | €2,550 | +€2,550 | |
| Current assets | 29/58 | €170,150 | €252,738 | +€82,588 | +48.5% |
| Amounts receivable within one year | 40/41 | €23,167 | €5,708 | -€17,459 | -75.4% |
| Trade receivables | 40 | €18,523 | - | -€18,523 | |
| Other amounts receivable | 41 | €4,644 | €5,708 | +€1,063 | +22.9% |
| Cash at bank and in hand | 54/58 | €145,340 | €245,306 | +€99,966 | +68.8% |
| Deferred charges and accrued income | 490/1 | €1,643 | €1,724 | +€82 | +5.0% |
| Total equity and liabilities | 10/49 | €207,469 | €284,057 | +€76,588 | +36.9% |
| Equity | 10/15 | €175,556 | €252,956 | +€77,400 | +44.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €173,556 | €250,956 | +€77,400 | +44.6% |
| Distributable reserves | 133 | €173,556 | €250,956 | +€77,400 | +44.6% |
| Amounts payable | 17/49 | €31,913 | €31,101 | -€812 | -2.5% |
| Amounts payable within one year | 42/48 | €31,913 | €31,101 | -€812 | -2.5% |
| Trade debts | 44 | €1,631 | €6,761 | +€5,129 | +314.4% |
| Suppliers | 440/4 | €1,631 | €6,761 | +€5,129 | +314.4% |
| Taxes, remuneration and social security | 45 | €30,281 | €14,340 | -€15,941 | -52.6% |
| Taxes | 450/3 | €30,281 | €14,340 | -€15,941 | -52.6% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,498 | €11,034 | +€1,537 | +16.2% |
| Other operating charges | 640/8 | €808 | €765 | -€43 | -5.3% |
| Gross operating margin | 9900 | €180,008 | €122,751 | -€57,257 | -31.8% |
| Operating profit (loss) | 9901 | €169,702 | €110,951 | -€58,751 | -34.6% |
| Financial income | 75/76B | €4 | €281 | +€277 | +6912.5% |
| Recurring financial income | 75 | €4 | €281 | +€277 | +6912.5% |
| Financial charges | 65/66B | €1,573 | €184 | -€1,389 | -88.3% |
| Recurring financial charges | 65 | €1,573 | €184 | -€1,389 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | €168,133 | €111,048 | -€57,085 | -34.0% |
| Income taxes | 67/77 | €37,581 | €23,647 | -€13,933 | -37.1% |
| Profit (loss) for the period | 9904 | €130,552 | €87,400 | -€43,152 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €130,552 | €87,400 | -€43,152 | -33.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.